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Amazon.com to Acquire comiXology

SEATTLE--(BUSINESS WIRE)--Apr. 10, 2014--
(NASDAQ: AMZN)—Amazon.com
today announced that it has reached an agreement to acquire comiXology,
the company that revolutionized the digital comics reading experience
with their immersive Guided View technology and makes discovering,
buying, and reading comic books and graphic novels easier and more fun
than ever before.

“ComiXology’s mission is to spread the love of comics and graphic novels
in all forms,” said David Steinberger, co-founder and CEO of comiXology.
“There is no better home for comiXology than Amazon to see this vision
through. Working together, we look to accelerate a new age for comic
books and graphic novels.”

“Amazon and comiXology share a passion for reinventing reading in a
digital world,” said David Naggar, Amazon Vice President, Content
Acquisition and Independent Publishing. “We’ve long admired the passion
comiXology brings to changing the way we buy and read comics and graphic
novels. We look forward to investing in the business, growing the team,
and together, bringing comics and graphic novels to even more readers.”

Founded in 2007, comiXology offers a broad library of digital comic book
content from over 75 of the top publishers as well as top independent
creators. Following the acquisition, comiXology’s headquarters will
remain in New York.

Terms of the acquisition were not disclosed. Subject to various closing
conditions, the acquisition is expected to close in the second quarter
of 2014.

About comiXology

ComiXology has revolutionized the comic book and graphic novel industry
by delivering a cloud-based digital comics platform that makes
discovering, buying, and reading comics more fun than ever before.
ComiXology’s Guided View™ reading technology transforms the comic book
medium into an immersive and cinematic experience, helping comiXology
become a top ten grossing iPad app in 2011 and 2012 and the top grossing
non-game iPad app in 2012 and 2013. Offering the broadest library of
comic book content from over 75 publishers – and independent creators as
well – comiXology will not stop until everyone on the face of the planet
has become a comic book fan. ComiXology is based in New York City, with
offices in Los Angeles and Paris.

About Amazon.com

Amazon.com, Inc. (NASDAQ: AMZN), a Fortune 500 company based in Seattle,
opened on the World Wide Web in July 1995 and today offers Earth’s
Biggest Selection. Amazon.com, Inc. seeks to be Earth’s most
customer-centric company, where customers can find and discover anything
they might want to buy online, and endeavors to offer its customers the
lowest possible prices. Amazon.com and other sellers offer millions of
unique new, refurbished and used items in categories such as Books;
Movies, Music & Games; Digital Downloads; Electronics & Computers; Home
& Garden; Toys, Kids & Baby; Grocery; Apparel, Shoes & Jewelry; Health &
Beauty; Sports & Outdoors; and Tools, Auto & Industrial. Amazon Web
Services provides Amazon’s developer customers with access to
in-the-cloud infrastructure services based on Amazon’s own back-end
technology platform, which developers can use to enable virtually any
type of business. Amazon Fire TV is a tiny box that plugs into your HDTV
for easy and instant access to Netflix, Prime Instant Video, Hulu Plus,
WatchESPN, SHOWTIME, low-cost video rentals, and much more. Kindle
Paperwhite is the world’s best-selling and most advanced e-reader. It
features new display technology with higher contrast, the next
generation built-in light, a faster processor, the latest touch
technology, and exclusive new features designed from the ground up for
readers. Kindle, the lightest and smallest Kindle, features improved
fonts and faster page turns. The new Kindle Fire HDX features a stunning
exclusive 7” or 8.9” HDX display, a quad-core 2.2 GHz processor, 2x more
memory, and 11 hours of battery life, as well as exclusive new features
of Fire OS 3.0 including X-Ray for Music, Second Screen, Prime Instant
Video downloads, and the revolutionary new Mayday button. The all-new
Kindle Fire HD includes an HD display, high-performance processor and
dual speakers at a breakthrough price.

This announcement contains forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. Actual results may differ significantly
from management's expectations. These forward-looking statements involve
risks and uncertainties that include, among others, risks related to
competition, management of growth, new products, services and
technologies, potential fluctuations in operating results, international
expansion, outcomes of legal proceedings and claims, fulfillment and
data center optimization, seasonality, commercial agreements,
acquisitions and strategic transactions, foreign exchange rates, system
interruption, inventory, government regulation and taxation, payments
and fraud. More information about factors that potentially could affect
Amazon.com's financial results is included in Amazon.com's filings with
the Securities and Exchange Commission, including its most recent Annual
Report on Form 10-K and subsequent filings.